LAGAE CHRIST: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LAGAE CHRIST
Largest movements
- Tangible fixed assets -€22,299
down €22,299 (-15.0%), from €148,421 to €126,123
of which Furniture and vehicles: -€14,522
- Cash +€14,674
up €14,674 (+222%), from €6,624 to €21,298
mainly Depreciation (+€26,384) and Other debts (+€17,201)
- Receivables within one year +€3,771
up €3,771 (+44.8%), from €8,419 to €12,190
of which Other amounts receivable: +€4,303
- Reserves -€17,502
down €17,502 (-24.0%), from €73,065 to €55,563
- Other debts +€17,201
up €17,201 (+34.4%), from €49,992 to €67,193
- Current portion of long-term debt -€10,417
down €10,417 (-83.3%), from €12,500 to €2,083
- Tax, wage and social debts +€3,905
up €3,905 (+86.6%), from €4,508 to €8,413
of which Taxes: +€2,255
- Trade debts +€3,551
up €3,551 (+127%), from €2,787 to €6,338
- Gross operating margin -€17,136
down €17,136 (-30.6%), from €55,987 to €38,851
- Depreciation +€9,432
up €9,432 (+55.6%), from €16,952 to €26,384
- Taxes -€7,612
down €7,612 (-81.5%), from €9,338 to €1,726
- Financial charges +€2,120
up €2,120 (+127%), from €1,664 to €3,785
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €166,015 | €163,071 | -€2,944 | -1.8% |
| Fixed assets | 21/28 | €148,421 | €126,258 | -€22,164 | -14.9% |
| Tangible fixed assets | 22/27 | €148,421 | €126,123 | -€22,299 | -15.0% |
| Land and buildings | 22 | €80,984 | €69,613 | -€11,371 | -14.0% |
| Plant, machinery and equipment | 23 | €925 | €4,519 | +€3,594 | +388% |
| Furniture and vehicles | 24 | €66,512 | €51,990 | -€14,522 | -21.8% |
| Financial fixed assets | 28 | - | €135 | +€135 | |
| Current assets | 29/58 | €17,594 | €36,813 | +€19,220 | +109% |
| Stocks and contracts in progress | 3 | €308 | €500 | +€192 | +62.3% |
| Stocks | 30/36 | €308 | €500 | +€192 | +62.3% |
| Amounts receivable within one year | 40/41 | €8,419 | €12,190 | +€3,771 | +44.8% |
| Trade receivables | 40 | €8,419 | €7,887 | -€532 | -6.3% |
| Other amounts receivable | 41 | - | €4,303 | +€4,303 | |
| Cash at bank and in hand | 54/58 | €6,624 | €21,298 | +€14,674 | +222% |
| Deferred charges and accrued income | 490/1 | €2,243 | €2,826 | +€583 | +26.0% |
| Total equity and liabilities | 10/49 | €166,015 | €163,071 | -€2,944 | -1.8% |
| Equity | 10/15 | €93,065 | €75,563 | -€17,502 | -18.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €73,065 | €55,563 | -€17,502 | -24.0% |
| Distributable reserves | 133 | €73,065 | €55,563 | -€17,502 | -24.0% |
| Amounts payable | 17/49 | €72,951 | €87,508 | +€14,558 | +20.0% |
| Amounts payable after more than one year | 17 | €2,083 | - | -€2,083 | |
| Financial debts | 170/4 | €2,083 | - | -€2,083 | |
| Amounts payable within one year | 42/48 | €69,787 | €84,028 | +€14,241 | +20.4% |
| Current portion of amounts payable after more than one year | 42 | €12,500 | €2,083 | -€10,417 | -83.3% |
| Trade debts | 44 | €2,787 | €6,338 | +€3,551 | +127% |
| Suppliers | 440/4 | €2,787 | €6,338 | +€3,551 | +127% |
| Taxes, remuneration and social security | 45 | €4,508 | €8,413 | +€3,905 | +86.6% |
| Taxes | 450/3 | €4,508 | €6,763 | +€2,255 | +50.0% |
| Remuneration and social security | 454/9 | - | €1,650 | +€1,650 | |
| Other amounts payable | 47/48 | €49,992 | €67,193 | +€17,201 | +34.4% |
| Accrued charges and deferred income | 492/3 | €1,081 | €3,481 | +€2,400 | +222% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,952 | €26,384 | +€9,432 | +55.6% |
| Other operating charges | 640/8 | €1,895 | €2,272 | +€377 | +19.9% |
| Gross operating margin | 9900 | €55,987 | €38,851 | -€17,136 | -30.6% |
| Operating profit (loss) | 9901 | €37,140 | €10,195 | -€26,945 | -72.5% |
| Financial income | 75/76B | €217 | €0 | -€217 | -100.0% |
| Recurring financial income | 75 | €217 | €0 | -€217 | -100.0% |
| Financial charges | 65/66B | €1,664 | €3,785 | +€2,120 | +127% |
| Recurring financial charges | 65 | €1,664 | €3,785 | +€2,120 | +127% |
| Profit (loss) for the period before taxes | 9903 | €35,693 | €6,410 | -€29,282 | -82.0% |
| Income taxes | 67/77 | €9,338 | €1,726 | -€7,612 | -81.5% |
| Profit (loss) for the period | 9904 | €26,355 | €4,685 | -€21,670 | -82.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,355 | €4,685 | -€21,670 | -82.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.